Dentix Blockchain

Terawatt : The Global LED Lighting adoption through Blockchain Platform

LED light has been acknowledged as the new lighting technology that both offer efficiency of energy use as well as longer product life span.  The challenge is that the LED light pricing still a bit high compared to the more traditional of incandescent or CFL light market pricing. Although LED light give better operational expenditure in the long run, sometime the high upfront capital expenditure might hinder the LED adoption and penetrating power for the mass market.  Given the same light intensity produced, LED will deliver far more superior life time and wattage energy saving compared to its 2 siblings (the incandescent lamp and the CFL lamp).

Terawatt is an eco-friendly blockchain startup with a strong focus on monetization and solving real world problems like helping reduce greenhouse emissions from electricity consumption by driving L.E.D. adoption worldwide in support of global green initiatives. http://www.terawattled.com/.  Terawatt had identified the main problem of Inefficient light bulbs that are creating both unnecessary greenhouse gas emissions, which are contributing to climate change, and unnecessarily exorbitant electricity bills for peoples and governments.

Terawattis a blockchain-based startup with a focus on the renewable energy industry. The company has a major focus on the monetization and global adoption of LED. Developers of this project will create a Decentralized Autonomous Organization (DAO) and a deflationary-based Ethereum-powered private currency, which will be used for global payments. This DAO is going to be funded and utilized by LED Sellers, Utility Companies, token holders, businesses, and energy customers globally. The DAO will be a decentralized global insurance fund that ensures utilities and businesses can always access funding, which often runs out, to subsidize LED sales to energy consumers.

The DAO will be funded and used by Utility Companies, LED. Sellers, Businesses, Token Holders, and Energy Customers worldwide. The DAO will act as a decentralized global mutual/insurance fund to ensure Utilities (and businesses) always have access to funding (which constantly runs out) for subsidizing LED sales to their energy customers (or for businesses upgrading to LED’s). The DAO will ensure these entities always have access to funding (which always runs out) for subsidizing LED. sales to their customers. The DAO will utilize smart contracts to execute, manage, and document these processes in a precise, efficient, manner, and will have smooth fluid-like payment gateways for all parties. The Terawatt token (LED ticker symbol) will power this ecosystem. 

Utility providers will be incentivized to direct their customers to purchase lights with (LED) tokens because they appreciate in value, and the customer will be incentivized to use (LED) tokens to get great deals on bulbs. The (LED) token will greatly increase in value as more power companies (and buyers) realize the advantages of using these tokens and of joining the DAO. As a result, more customers will purchase the appreciating (LED) token as it will be used as payment for their discounted bulb purchases through their utility providers portal. The power companies will also be paid in (LED) tokens by the DAO for using the service, on top of what the customers pay them, making them more money on sales, and they are being paid in an asset that appreciates substantially faster than FIAT currencies. This is a model that benefits all parties. Furthermore, the customer will save substantially when buying with (LED) tokens and gaining access to instant tax rebates offered by their, or another, provider, which often times are 80-100 percent less than normal retail price. 

Terawatt aims to help put LEDs in all commercial, industrial (street lights), government and residential buildings/facilities worldwide. Users will also be able to find and utilize applicable instant tax rebates, search for tax credits, and then securely store this purchase data on the network for later use in filing their taxes. Participants can buy, sell, stake, donate, or hold (LED) tokens, which will power the Terawatt Ecosystem.

Terawatt Advantages/Uniqueness:

• Deflationary Currency 
• DAO fund
• Masternodes when available on Ethereum
• Patent-Pending LED Purchase Verification Process
• Already speaking with Utility Companies
• Strong Monetization Focus and Methods
• Solves a Real-World Problem
• Helps protect the environment and by reducing greenhouse gas emissions from electricity production
• Talented, well educated, experienced, and passionate team with a diverse skillsets
• "Feel-Good" company that helps drive current state, local, federal, national, and global green initiatives

LED token utility features:

• LED incentives: Terawatt Token will act as a rewards system for each LED bulb purchase that's verified by its patent-pending process. This serves as an incentive for users to purchase LEDs for home, businesses, or government use and verify them through Terawatt interface
• Data Storage: LED purchase records may be securely stored in the Terawatt ecosystem. This allows the purchasing entity to return at tax time and have all of their LED and other Energy Star Rated Purchase records readily available. The user pays a small token fee to access the records again.
• Community Based Governance: Donated funds may be locked into a pool, and the global Terawatt community will vote/decide on what projects get funded and how much funding will be provided or set on the side for these projects.
• Masternodes: Terawatt aim to have Masternodes when the Ethereum Blockchain allows for it. Masternodes will help to further secure and decentralize the Terawatt network.

Terawatt token will use POS so that it will help with emissions and keep the environment clean and green. 

Terawatt that is based on Netherland announce its Pre ICO sale starting at 21 June 2018 until 14 September 2018  while its ICO Time is from 15 September 2018 until 28 October 2018. It will use EthereumPlatform with Token Type: ERC20 for its LED token. Pre-sale Price is at 1 LED = 0.30 USD while during ICO Price1 LED valued at 0.40 USD, it accept ETH crypto. The Soft cap atUSD 500,000 and the hard cap at USD 13,500,000. With Total Supply of 100,000,000 Tokens and for sale is at 65,000,000 LED (65%) in which the supply will decrease exponentially in an s-curve to as low as 1 million tokens over time due to Terawatt continuous coin burning algorithm. 

Terawatt will automatically use 50-75% of company profits earned from DAO entry/exit fees, and other to buy back and burn tokens daily.Token holders will also be able to find and utilize applicable instant tax rebates, search for tax credits, and then securely store this purchase data on the network for later use in filing their taxes. Participants can buy, sell, stake with masternodes (when available), vote, donate, or hold (LED) tokens, which will power the Terawatt Ecosystem.

Terawatt is aggressively created partnership to enrich and grow its platform and to introduce its concept to the mass market:

• Terawatt is now part of the CEOKLUB VENTURE FUND, a strategic crypto fund expected to grow to over a billion dollars.
• Terawatt have officially integrated with Bancor, and the Bancor protocol! This integration of Bancor will provide continuous liquidity for LED token buyers, and allow for effortless token swaps.  
• Terawatt had new partnership with ZeusProtocol(they are like the Google Analytics of blockchain).  Zeus Protocol, is a 2nd layer network for Ethereum, which focuses on providing the network with key innovations to support applications with scalable computation, interoperability, identity and off-chain information. Their first solution, ZeusID, will provide their partners and clients with decrypted on-chain identity and insightful reputation analytics, which will give them incredible advantages over their competition. This partnership will allow Terawatt to utilize ZeusID as an effective way to conduct a targeted airdrop to jump start community engagement and create stakeholders.Tracking analytics is key in running a successful ICO, and Zeus Protocol is the fundamental component that will make it possible. This partnership will solidify the need for blockchain technology’s uses across many sectors. Evan Hidalgo, CEO of Terawatt
• Terawatt also create another partnership with AlphaBet! It has been reviewed, listed and ranked as one of the Top 20 ICO Marketing Agencies by GoodFirms.
• Terawatt expand its cooperation with Genesis project to help tokenize the agriculture component of the Carribean economy to lower food to the table productions costs, while supplying local jobs, creating a viable profit opportunity through export, improving quality of food, and in turn fueling positive economic growth.Together, these two eco-friendly blockchain companies, Terawatt and Genesis, will combine resources, working in unison to help create a better, more sustainable world.
• Terawatt also create partnership with Applicature.Applicature is a blockchain development agency that has a wide range of services ranging from ICO launches to Smart Contract Security Audits. Applicature is partnering with Terawatt to provide Smart Contract Security Audits. This will ensure that Terawatt’s Smart Contracts are properly functioning and are not at risk from attacks.
• Terawatt officially formed a partnership with Carbon Check which is accredited, certified, or recognized by the United Nations Framework Convention on Climate Change (UNFCCC), Verified Carbon Standard (VCS), Gold Standard Foundation (GS), Social Carbon and the California Air Resource Board (ARB) for providing verification and validation services in each respective regime. 

The accelerated deployment of light-emitting diode (LED) bulbs is on track to save U.S. consumers and businesses $20 billion a year in electricity costs within a decade, which would lower U.S. CO2 emissions by some 100 million metric tons a year! The growing global effort to speed up LED adoption could ultimately cut global energy costs and carbon pollution 5 times as much.

Through DAO utilization, key partnerships (as mentioned above), deflationary supply, token incentives, and voracious marketing, Terawatt aims to help put LED’s in all commercial, industrial (street lights), government and residential buildings/facilities worldwide and efficiently increase the changeover from less efficient Incandescent, Metal Halide (MH), High Pressure Sodium (HPS), and Compact Fluorescent Lighting (CFL) to 100% energy efficient LED lighting. LEDs are just the start of the giant that Terawatt is going to be. The LEDs will be proof of concept and that will snowball into other sectors. Once utility companies experience innumerable benefits of being part of the DAO, they will be more than glad to join.

“The rapid adoption of LEDs in lighting marks one of the fastest technology shifts in human history,” Goldman Sachs stated in a new report. The Terawatt LED token is going to be part of a global distribution of how consumers interact with energy, not just lighting. We are offering tokens to consumers that use our patent pending verification technology in order to verify that they have purchased led bulbs. Product tracking, verification, ecosystem expansions are all in future works. We believe that being transparent and open will help keep the sustainability and value of this token.

Twitter: https://twitter.com/Terawatt_LED

Telegram: https://t.me/TeraWattICO

Website: https://terawattled.com/

Whitepaper: https://terawattled.com/assets/Terawatt.pdf

Ann Thread: https://bitcointalk.org/index.php?topic=4180151.0

Facebook: https://m.facebook.com/Terawatt/about

User name at bitcointalk.org: jonsen48

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